Lot 1040
1795 Flowing Hair $1 B-3, BB-11 Silver Plug 2 Leaves. Rarity 5. PCGS graded VF-20. Nice even wear with the fields alternating between medium silver-gray to deeper shades, while the highest points of Liberty and the eagle contrast with lighter gray accents. The smooth surface is evident at once. The plug is quite noticeable in the central region around and below Liberty's ear and on the juncture of the right wing of the eagle and it's body.
Adjustment marks and even silver plugs were used to make early silver dollars conform to weight specifications. Each coin was hand-weighed before being released to the Treasury department or to the respective depositor. How the coins appeared was a matter of considerable experimentation in the first few years and was a process that continued until the Gobrecht design was adopted and modified in 1836-39. This is the first style with a large head of Liberty whose hair streams back in flowing waves. Pop 1; 1 finer in 55. Only 2 examples graded for this silver plug variety at PCGS (PCGS # 39990) .
Two leaves under each wing. The only variety with 16 berries, eight on each branch of wreath. There are only two berries on left branch, between eagle's wing and ribbon bow, both on inside of wreath. Reverse die used to strike 1795 BB-11 only. The Bowers encyclopedia estimates that between 50 and 75 1795 BB-11 dollars exist, making this one of the more elusive issues of the Flowing Hair type.
Estimated Value $10,000 - 12,000.
Ex; Hesselgesser Collection.
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| Realized $17,250 |
